January, 2018

• 9 January

  UAE, Turkmenistan discuss ways to promote investments

  Abu Dhabi / WAM Ways of promoting investment and cooperation in multiple areas, particularly renewable energy and infrastructure, were the crux of a meeting on Tuesday HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation held with Deputy Minister for Foreign Affairs of Turkmenistan Berdyniyaz Myatiyev. The two sides discussed an array of regional and ...

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• 9 January

  US stocks add to all-time highs; 10-year yield tops 2.5 percent

  

  Bloomberg US stocks added to all-time highs before the start of earnings season, while the dollar got a boost from policy steps in Asia that propelled Treasury yields to the highest level in nine months. The S&P 500 Index rose a sixth straight advance in an unblemished start to the year, the Dow Jones Industrial average resumed its march higher ...

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• 9 January

  Gulf markets move little, Egypt rises on ‘presidential election’

  

  Reuters Gulf stock markets were mostly sluggish on Tuesday as Qatar slowed after surging for two days, but Egypt’s bourse rose after authorities announced a date for presidential elections. Some of the best performers of the past two days pulled back, with Doha Bank losing 1.5 percent. But Aamal Co rose 2.4 percent after announcing plans for an affiliate which ...

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• 9 January

  ADNOC awards contracts for offshore sour gas fields

  

  Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), on Tuesday awarded the two Front End Engineering Design (FEED), contracts for its planned offshore ultra-sour gas mega-project, which consists of the Hail, Ghasha and Dalma fields. Bechtel was awarded the Hail and Ghasha FEED Contract, and TechnipFMC the Dalma FEED Contract. Both are worth many hundreds of millions ...

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• 9 January

  DCCI gets five-star rating

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that developing practical approaches to enhancing the happiness of the public is a critical part of realising the vision of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al ...

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• 9 January

  Hamdan attends DPA graduation ceremony

  

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday attended the graduation ceremony of postgraduates with master’s and doctoral degrees, as well as the 25th batch of cadet officers with a Bachelor’s degree in Law and Police Science. The ceremony was attended by HH ...

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• 9 January

  ‘UAE preferred destination for entrepreneurs’

  Dubai / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) and Chairperson of Sharjah Entrepreneurship Centre (Sheraa), has valued the support of the wise leadership for creative youth, through the Mohammed bin Rashid Award for Young Business Leaders, affirming that the UAE has become a preferred regional and an international destination for ...

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• 9 January

  AED68.5mn mall opens in Al Dhait

  

  Dubai / WAM Majid Al Futtaim-the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia on Tuesday opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and ...

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• 9 January

  Abu Dhabi to host ‘global forum for innovation in agriculture’

  

  Abu Dhabi / WAM Abu Dhabi is set to host the Global Forum for Innovation in Agriculture (GFIA Abu Dhabi 2018), which will run from February, 5-6 at Abu Dhabi National Exhibition Centre (ADNEC). The event will coincide with the UAE Innovation Month, Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of ...

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• 9 January

  Dubai records AED285bn realty deals

  

  DUBAI / Emirates Business The Dubai Land Department (DLD) revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED285 billion through 69,000 real estate transactions. Commenting on DLD’s Annual Transactions Report, which summarizes the market activity over the past year, Sultan Butti bin Mejren, Director General of DLD, said: “The ...

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